The first thing I am going to say about emotion and buying property is that you can’t avoid it. The biggest mistake, therefore, is to think you can make decisions without emotion. The fact is that our unconscious – or emotional – mind drives us more than we realise. Some psychologists estimate that 80% of […]
Read MoreIt may seem strange for a buyers agent to say this, but you can lose money in property. And not just when the market slows down – but at any time. There’s a report that comes out every three months by Corelogic and it’s called the “Pain & Gain Report”. That’s right, PAIN and gain. […]
Read MoreShould I sell my investment property now the boom is over? APRA & The Royal Commission into Banking have impacted the lending practices of the major banks in Australia and many would-be buyers are surprised to find that their access to funds has been severely curtailed. Now that money is harder to come by it’s […]
Read MoreMost property investors will tell you that you should make unemotional buying decisions and rely on “the numbers” when buying an investment property. Yet when we see them in action we still see so many reactions to property that are based on emotions rather than rational thought. But is this such a bad thing? The […]
Read MoreIf you are buying a home, the factors affecting suburb choice are often different from those involved in deciding on an investment location. When considering how to choose a good suburb to live in, you’ll need to think about your current requirements as well as future needs. Some people limit themselves to the suburb they […]
Read MoreThe idea of buying an investment property in the next “hot spot” is so compelling. After all, everybody wants to buy in the next suburb to “go off”. It makes perfect sense until you think about it a little… By the time the average investor finds out about a hot spot, it’s no longer hot. […]
Read MoreWe hear it all the time, would-be property investors who are waiting for the Sydney property market to slow down before they buy something. And some of these people have been waiting for a couple of years and have now been left behind. Now, don’t get me wrong. I am not an advocate for jumping […]
Read MoreWhen it comes to giving investment property advice, I am a firm believer in QUALITY property, not quantity and capital growth is always my primary objective. I really don’t see the point in building a portfolio of properties that deliver high rents yet fail to grow in value. (I will put in a caveat, however: […]
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